Pakistan Stock Exchange crosses 86,000 points amid bullish trend

The Pakistan Stock Exchange (PSX) continued its bullish trend on Wednesday, as the KSE-100 index crossed the 86,000-point mark in intraday trading. The index gained 477.14 points, reaching 86,141, with experts predicting further increases.

Market optimism is driven by the upcoming Shanghai Cooperation Organization (SCO) Summit, which Pakistan is set to host, sparking interest from international investors.

Additionally, the recent easing of political tensions and economic stability following the IMF’s release of the first tranche on September 30 contributed to the positive momentum.

This upward trend has been maintained during the first half of the week, but shares experienced a slight decline after a period of gains.

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